Own This Property for $42k Down + $2338/month – No Bank, No Credit Check!
Residential Land for Sale in Springfield, Illinois
Develop it. Invest in it. Build your dream estate. Opportunities this versatile—and this affordable—are becoming increasingly rare on Springfield’s desirable west side.
- Extensive Paved Public Road Frontage
- Borders Sangamon Valley Bike Trail
- All Utilities (Power, Water, Sewer)
- Very Buildable: Flat, No Floodplain, No Wetlands
- Excellent Subdivide & Investment Potential
- Only 6 minutes from shopping epicenter
- Priced Well Below Market
- Owner Finanncing Available: $42k down, $2338/month – No Bank, No Credit Check
This 7.72-acre property in the sought-after Mill Creek area offers everything an urban ranch-aspiring homeowner, or residential developers/investors, are looking for: approximately 580 feet of paved frontage on Archer Elevator Road, water, sewer, and electric available at the property line, and outstanding potential for multiple residential lots or keep the land boundary as-is for an expansive urban ranch. Developers may be interested in our conceptual five-lot subdivision plan that has already been prepared and is included with the listing, giving builders and investors an excellent visual starting point for their next project.
As Springfield continues to grow westward, large tracts with infrastructure already in place are becoming harder to find. Whether you’re looking for a massive expanse of land for your single-family dream home inside the city limits, your next profitable subdivision, or simply a land investment with long-term upside, this property delivers the location, flexibility, and value to make your idea work. The possibilities don’t stop with residential development. Subject to applicable zoning and approvals, the property may also be well suited for a variety of commercial or specialty uses, including a landscape nursery or garden center, daycare facility, recreational campus, golf practice or training facility, offices, or other businesses that benefit from generous acreage and excellent visibility.
End users looking for a dream home: Imagine creating a sprawling ranch-style estate with nearly eight acres of room for a custom home, detached workshop, gardens, hobby farm, outdoor recreation, or simply the privacy and elbow room that’s nearly impossible to find this close to town.
Adding even more appeal, the property directly borders the newly rebuilt Sangamon Valley Bike Trail, offering immediate access to miles of beautifully maintained walking, running, and cycling trails—a unique amenity that enhances both lifestyle and future property value.
Despite its peaceful setting, you’re only six minutes from Springfield’s premier shopping, dining, and entertainment district, giving you quick access to everything you need while enjoying the space and tranquility of country living.
Best of all, this property is priced well below market value, creating an exceptional opportunity to build instant equity. Owner financing is available, making it easier for qualified buyers to move forward with their plans.
Development-ready acreage with utilities, extensive paved road frontage, outstanding location, and flexible use potential is a rare find in today’s market. Whether your vision is a five-lot residential subdivision, a thriving business, or an extraordinary private estate, this property is ready to become something special.
Call or text Scott directly at 314.639.9777 or email info@acretown.com if you have any questions or would like to make an offer.
Si habla español, por favor pida por Andy en nuestro equipo y él estará encantado de ayudarle.
We’ve posted a lot of info below – including critical instructions for visiting the property – so please keep reading!
Best Deal in the Market – Check Zillow or Redfin and You’ll Agree!
After opening this map, you may see even more information about the area by clicking on the Layers & Basemaps button at top right.
- CASH PRICE: $189,900
- OWNER FINANCED DEAL: $42k down, $2338/month – no bank, no credit check (see full details in FINANCING section below)
- ADDRESS (street # estimated – use GPS for navigation): 1200 Archer Elevator Rd, Springfield, IL 62711
- SIZE: 7.72 acres
- GPS COORDINATES: 39.783326, -89.733706
- PARCEL #: 21-02.0-251-081
- ABRIDGED LEGAL DESCRIPTION: Pt Ne 1/4 Ne 1/4 2 15 6
- FULL LEGAL DESCRIPTION: view here
- PLAT MAP/SURVEY: view county parcel map here (get County’s boundary/KML file here – opens in Google Earth)
- TITLE: General Warranty deed (clean – no back taxes, no liens)
- MINERAL RIGHTS: any mineral rights we own will convey to buyer (we have no knowledge of severance of mineral rights by a previous owner)
- DIMENSIONS (approximate): starting at SW corner, 580′ N (along road) x 1006′ NE (along bike trail/easement) x 91′ SE x 341′ SW x 1055′ S/SW x 204′ W to POB
- FLOODPLAIN: none
- WETLANDS: none
- ELEVATION: 615 feet
- TERRAIN: mostly flat
- CONDITION: undeveloped, wooded
- ACCESS: 580 feet of direct frontage on Archer Elevator Rd, a paved public road
- POWER: available along road frontage thru CWLP (217-789-2323, https://www.cwlp.com)
- WATER: available at SW corner thru CWLP (217-789-2323, https://www.cwlp.com, view map here)
- WASTEWATER: available along back property line thru Springfield Public Works (217-789-2255, website, view map here)
- TAXES: $5,787.48 in 2025
- HOA: none
- DEED RESTRICTIONS: none
- ZONING: R-1 Single Family Residential
- single family homes
- no mobile homes
- some “community” commercial, like golf courses, day care, churches, parks, community centers, colleges, nurseries, agricultural
- SCHOOL DISTRICTS: Lindsay (Elementary) – U.S. Grant (Middle School) – Springfield (High School)
- NEAREST CITY: Springfield
- NEAREST AIRPORTS: Abraham Lincoln (14 mins), St. Louis International (1 hr 42 mins)
- COUNTY GOVERNMENT:
- Assessor (217) 753-6725 (Capital Township Assessor which covers Springfield)
- Treasurer (217) 753-6800
- Recorder (217) 535-3150
- Clerk (217) 753-6700
- City of Springfield Planning & Zoning (217) 789-2171
- County GIS
READY TO TAKE THE NEXT STEP?
Reserve this property for 24 hours while you review the agreement.
$499 REFUNDABLE – APPLIED TO PURCHASE – NO OBLIGATION
coming soon . . .
OWNER FINANCING: We do offer owner financing under the following terms:
- Owner Financed Price = $209,900
- Down Payment = $42,000
- Monthly Payment = $2338.33
- Term = 10 years (120 months)
- Interest Rate = 10.9%
- No Pre-Payoff Penalty!
- No Bank, No Credit Check!
We have a two-week waiting period after the posting of our original MLS listing before we open up the owner-financing option. Also, if you would like to make a larger down payment in exchange for a slightly lower interest rate and/or fewer payments, we can certainly accomodate that, so just let us know! Or you don’t have the full payment now but expect to have it within the next 90 days? We may be able to custom design an installment plan that works for you, so just reach out to us and ask. If you’d like to buy this property via owner financing, call or text Scott directly at 314.639.9777 or email him at info@acretown.com and we’ll get you set up!
OUTSIDE FINANCING: Your best deal for third-party financing will probably come from Rural 1st, E-Construction Loans, or Farm Credit Illinois and their details are below:
Farm Credit Illinois is Illinois’s leading land lender for rural properties and they require as little as 20% down on a 20 year fixed land loan, with a 7.8% interest rate, and they prefer a credit score of 720 or better. Please contact them by phone at (800) 475-6103, or visit their nearest office at 1200 Old Tipton School Road, Sherman, IL 62684. They do serve Illinois.
Rural 1st is America’s leading land lender for rural properties and they require as little as 15% down on a 10 or 15-year fixed land loan, with no PMI, and they prefer a credit score of 720 or better. Please contact Michael Wirth by phone or email at (502) 553-8152 or michael.wirth@rural1st.com. They do serve Illinois.
E-Construction Loans, Tim Jarvis, timjarvis@sbcglobal.net, (408) 238-4606: Tim is a land lender and offers loans at 10% down, 25-year amortization and a balloon payment in 10 years. Please contact him for all the details. They do serve Illinois.
Just six minutes from the property, residents and visitors have convenient access to one of Central Illinois’ premier shopping districts. National retailers include Target, Walmart, Sam’s Club, Lowe’s, Kohl’s, TJ Maxx, Ross Dress for Less, Old Navy, Best Buy, Dick’s Sporting Goods, Academy Sports + Outdoors, Hobby Lobby, Michael’s, Ulta Beauty, and Bath & Body Works, along with dozens of additional restaurants, specialty shops, and everyday services. This thriving retail hub consistently attracts shoppers from throughout the Springfield metropolitan area and surrounding counties, making the location exceptionally attractive for future residential or mixed-use development.
Beyond its outstanding retail conveniences, Springfield offers an exceptional quality of life with an impressive blend of history, entertainment, culture, and outdoor recreation. As the capital of Illinois and the hometown of Abraham Lincoln, the city welcomes millions of visitors each year to renowned destinations including the Abraham Lincoln Presidential Library and Museum, the Lincoln Home National Historic Site, the Illinois State Capitol, and numerous historic landmarks that celebrate America’s heritage.
Outdoor enthusiasts enjoy hundreds of acres of parks, scenic walking and biking trails, championship golf courses, and abundant recreational opportunities throughout the region. Nearby Lake Springfield offers boating, fishing, kayaking, sailing, lakeside dining, and waterfront parks, while extensive green spaces provide opportunities for hiking, picnicking, organized sports, and family activities throughout every season.
Springfield also features a vibrant calendar of community events, farmers markets, festivals, live music, performing arts, museums, and sporting events, creating an active lifestyle that appeals to families, young professionals, and retirees alike. Excellent healthcare systems, higher education institutions, government employment, and a diverse business community contribute to a stable local economy and sustained demand for quality housing and commercial development.
Whether envisioned as a residential subdivision, mixed-use community, or another innovative project, this property’s strategic location combines immediate access to premier shopping, exceptional recreational amenities, historic attractions, and the economic strength of Illinois’ capital city—making it a compelling investment opportunity for forward-thinking developers.
You can go view the property at your convenience – owner does not need to accompany. Please call/text us to let us know you’re heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We’d appreciate a couple hours notice if possible. In case you lose cell phone service, it may be helpful to print off as many helpful documents as you can before you head out there.
DRIVING DIRECTIONS: Click HERE to open the destination in Google Maps, and simply enter your starting point to get step-by-step directions.
- From this link, you can press “Directions” (on the left), enter your starting point, and Google Maps will provide you with step-by-step directions.
- You can also click “Send to Phone” if you’re viewing this on your computer
- And “Save” to download the directions so they’ll still work if you lose cell service.
If for some reason you’re having trouble with that link, you can navigate to GPS coordinates: 39.783326, -89.733706
WALKING THE PROPERTY LINES w/YOUR PHONE: We highly recommend downloading Google Earth to your phone if you don’t already have it. Then . . .
- Download the property boundary file (called a KML or KMZ file) here. You may be prompted to click “download” one more time, so do that . . . OR you may be prompted to immediately open the file with Google Earth and, in that case, do that and ignore the remaining steps. Otherwise . . .
- Open Google Earth
- Go to the main menu (the three horizontal lines at the top left of the screen), then Projects > Open > Import KML file > select the KML file you just downloaded (it should show up on that screen).
Now you should be able to see the property lines on the map, and the green dot represents where you’re currently standing. This is a very important tool to learn BEFORE you head out there. Please call us if you have any questions about it.
Call or text Scott directly at 314.639.9777 or email at info@acretown.com if you’d like to discuss an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you.
FOR SALE BY OWNER: We are investors, and are selling this lot For Sale By Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a realtor, then you’re welcome to have them contact us on your behalf. We do offer 2.5% commission to buyer agents.
WHY ARE YOU SELLING IT SO CHEAP? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that’s our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly . . . and more of it! In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).
DISCLAIMER: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyer’s responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable useage for the property. We are happy to help however we can.
Hundreds of buyers have successfully purchased land from Acretown. This simple reservation just holds the property while you review the agreement.
$499 REFUNDABLE – APPLIED TO PURCHASE – NO OBLIGATION
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